Funding arb · Price arb /

HIMS

RWAall HIMS markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Variational Omni+0.065%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Variational Omni Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.065% dearer against Variational Omni than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni HIMS	29.000	0	get 0.0000% / 8h	7h 45m	$97K	$76K	—
Short	SunX HIMS-USDT	29.019	0	get 0.0000% / 8h	7h 45m	—	$2.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Variational OmnibpFee SunXbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → 0.000%: $6.48
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$1.52
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; SunX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Variational Omni no order-book sample	—	—	—	—	—
Sell SunX live order book, 1 min ago	500.21 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

HIMS on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado HIMS-PERP	−0.0360%	1h	29.042	+0.145%	$2K	$2K	10x	as long as short
tradeXYZ xyz:HIMS	−0.0132%	1h	29.023	+0.079%	$3.3M	$1.6M	10x	as long as short
QFEX HIMS-USD	−0.0008%	1h	29.000	−0.001%	$1.3M	$552K	10x	as long as short
Aster HIMSUSDT	0.0000%	8h	29.016	+0.055%	$4K	$2K	20x	as long as short
Binance HIMSUSDT	0.0000%	8h	29.020	+0.068%	$958K	$2.7M	20x	as long as short
Bybit HIMSUSDT	0.0000%	8h	29.030	+0.103%	$288K	$138K	25x	as long as short
OKX HIMS-USDT-SWAP	0.0000%	8h	29.020	+0.068%	$280K	$127K	20x	as long as short
Gate HIMS_USDT	0.0000%	8h	29.014	+0.048%	$502K	$201K	25x	as long as short
Variational Omni HIMSlong	0.0000%	8h	29.000	long leg	$97K	$76K	—
SunX HIMS-USDTshort	0.0000%	8h	29.019	+0.065%	—	$2.3M	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX HIMS-USDT	0.0000%	8h	28.982	−0.063%	$7K	$39K	10x	as long as short
Vest HIMS-USD-PERP	+0.0046%	1h	28.990	−0.035%	—	—	10x	as long as short
KuCoin HIMSUSDTM	+0.0100%	8h	29.000	−0.001%	$131K	$84K	20x	as long as short
Injective HIMS/USDC PERP	+0.0220%	1h	29.410	+1.413%	$13K	$22K	5.5x	as long as short